A mobile app most crypto natives hadn’t heard of six months ago just leapfrogged Trust Wallet in one of DeFi’s most competitive leaderboards. Invo, a social trading platform built on Hyperliquid, now sits at second place in 30-day builder code volume, trailing only Phantom on HyperTracker’s rankings. The app recorded $1.49B in trading volume over the past 30 days, a 28% increase that pushed it past Trust Wallet and cemented its position as the fastest-growing front end in Hyperliquid’s ecosystem. It did this with 40,801 unique traders, more than double the count of the previous second-place holder. Copy-trading meets TikTok marketing Invo’s core product is deceptively simple. Users can mirror the trading strategies of top-performing traders on Hyperliquid’s perpetuals markets, essentially turning someone else’s alpha into a one-tap investment thesis. The app supports more than 170 trading pairs. What separates Invo is how aggressively it has leaned into social media distribution, particularly on TikTok, to acquire users who might never have interacted with a decentralized exchange directly. The app’s user count dwarfs competitors in its tier, and its volume figures have remained co...
InvoXYZ surpasses Trust Wallet for second place in Hyperliquid builder code volume
1 month ago
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